Income Approach– Estimated use-value of agricultural land ($/acre)
| Land Class | Use-Value Without Risk | Use-Value With Risk |
|---|---|---|
| I | 3,470 | 3,310 |
| II | 3,130 | 2,980 |
| III | 2,320 | 2,210 |
| IV | 1,850 | 1,770 |
| Avg. I-IV | 3,050 | 2,900 |
| V | 1,390 | 1,320 |
| VI | 1,160 | 1,110 |
| VII | 690 | 660 |
| Avg. V-VII | 1,240 | 1,180 |
| Avg. I-VII | 2,700 | 2,570 |
| VIII | 230 | 220 |
For all applicable use-value estimates, view Greenesville’s brochure